Inventory for my provision shop

Florence

Berekum, Ghana

7% repaid

Entrepreneur

Name

Florence

Member since

January 2015

On-time repayments

126 installments  •  29%

About Me

My name is Florence Nyarko. I come from Berekum in the Brong Ahafo Region of Ghana. I have been married with a child. He is Jeffrey.

I have been doing this provision business for a long time and I have a great deal of experience. And I have the practical experience. I started with my husband, who is a pastor, who introduced me to this business. After some time, he left for full-time ministry work and the whole business was handed over to me. This business has sustained me and my family at large. My siblings have also benefited from the proceeds I get from the business.

Ghana is a beautiful place with people itching to raise their standard of living. Despite the economic hardship, many will like to buy daily consumables like milk, corned beef, etc.

My Business

Selling general provisions is my business. I sell items like corned beef, sardines, milk, coca cola, fanta, etc. I provide this kind of service because it is fast-moving and very good when it comes to giving profits to me. People prefer to buy on a daily basis because what I sell is consumed on a daily basis. Hence, the demand is there. When I invest an amount of about $200, I can get about $60 within a week.

I will use the profit to cater for my kid and the rest to rent a bigger shop to improve upon my business. This business is what I have been doing and I have a lot of practical experience. Thanks for reading through.

Loan Proposal

As I mentioned earlier on, I have been selling provisions in the Berekum municipality. I sell goods like milk, milo, sugar, bread and other liked products at the heart of the city. I have many customers who come in on a daily basis to buy, because of the location of my shop and how affordable my products are, and because I get them directly from the factory. I have many customers due to this. The business is more profitable.

My problem now is there are other moving products that customers demand now, which I don't have the capital to buy. I therefore plead with lenders to help me out get a loan and build it up over time and get to my target later.

Show original English  

About Me

My name is Florence Nyarko.I come from Berekum in the Brong Ahafo Region of Ghana. i have been married with a child. He is Jeffrey. I have been doing this provision business for long and I have a great deal of experience. And i have the practical experience. I started with my husband who is a pastor, who indeed introduced me to this business. After some time, he left for full time ministry work and the whole business was handed over to me. This business has sustained me and my family at large. My siblings has also benefit from the proceeds i get from the business. Ghana is a beautiful place with people itching to raise their standard of living, despite the economic hardship, many will like to buy daily consumables like milk, corned beef etc.

My Business

Selling general provisions is my business. I sell items like corned beef, sardine, milk, coca cola, fanta etc. I provide this kind of service because is fast moving and very good when it comes to giving profits to me. People prefer to buy on daily basis because what i sell is consumed on daily basis. Hence, he demand is there. When i invest an amount of about $200, i can get about 60$ within a week. I will use the profit to cater for my kid and the rest to rent a bigger shop to improve upon my business. Thia business is what i have been doing and practical experience, i have a lot. Thanks for reading through.

Loan Proposal

As I mentioned earlier on, I have been selling provisions in the Berekum municipality. I sell goods like milk, milo, sugar, bread and other liked products at the heart of the city. I have many customers who come in on a daily basis to buy, because of the location of my shop and how affordable my products are, and because I get them directly from the factory. I have many customers due to this. The business is more profitable.

My problem now is there are other moving products that customers demand now, which I don't have the capital to buy. I therefore plead with lenders to help me out get a loan and build it up over time and get to my target later.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$489.00

Date disbursed

Oct 21, 2017

Repayment status

Late

Projected term

22 months

Lenders

Paul Buchheit

Mountain View, United States

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